Evolent-Passport Deal Puts Kentucky MCO on ‘Path Forward’

Aug 12, 2019

Kentucky’s Passport Health Plan, which warned earlier this year that it was on the brink of insolvency, tells AIS Health it is “on a path forward,” now that a deal with Evolent Health has been approved by the state. It’s also dropped a lawsuit against the state and will move forward with stalled construction.
For-profit Evolent, headquartered in Arlington, Va., provides health care delivery and payment solutions and has worked with the non-profit community-based health plan since 2016. Evolent agreed to buy a 70% stake in Passport for $70 million.

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